Taxation of Business Organizations in Canada

Covering topics from partnership taxation and corporate income taxation, to the taxation of corporate distributions and shareholder benefits and loans, as well as corporate reorganizations, this book is the go-to resource for the most up-to-date case law, commentary and analysis.

This new publication, Taxation of Business Organizations in Canada, is written by tax experts and academics David G. Duff and Geoffrey Loomer, and provides readers with a comprehensive overview of the taxation of partnerships, corporations and shareholders in Canada. Covering topics from partnership taxation and corporate income taxation, to the taxation of corporate distributions and shareholder benefits and loans, as well as corporate reorganizations, this book is the go-to resource for the most up-to-date case law, commentary and analysis.

A thorough reviewTaxation of Business Organizations in Canada is a combination casebook/textbook that provides students and tax practitioners with discussion and analysis of statutory provisions and judicial decisions governing Canadian income taxation of partnerships, corporations and shareholders. The text provides readers with a comprehensive overview of the field, addressing advanced topics in the taxation of partnerships and corporations, including the characterization and allocation of income received through partnerships and corporations, the acquisition of losses, associated corporations and the small business deduction, the lifetime capital gains deduction, deemed dividends, surplus stripping, shareholder benefits and loans, the transfer of property to a partnership or corporation, the windup of a partnership or corporation, and other reorganizations of partnerships and corporations.

This reference features:

Detailed explanations of statutory provisions

Excerpts from leading judicial decisions interpreting these provisions

Expert commentary and analysis of legislation and case law

An authoritative line-up of authors that includes leading professors and academics

Essential readingTaxation of Business Organizations in Canada will be especially useful for:

Law students and professors who need a comprehensive and reliable academic text

Accounting and business students who are interested in corporate tax law and regulations

Tax lawyers who require access to the most up-to-date tax law information

Featured authors

David G. Duff

Geoffrey Loomer

David G. Duff

David G. Duff is a Professor of Law and Director of the Tax LLM program at the Allard School of Law at the University of British Columbia, which he joined in 2009. Before moving to UBC, he taught tax law at the University of Toronto Faculty of Law from 1996 to 2008. Professor Duff has published widely in the areas of tax law and policy and is the principal author of Canadian Income Tax Law and Taxtion of Business Organizations in Canada, both published by LexisNexis. He is a member of the Law Society of Upper Canada, a member and former governor of the Canadian Tax Foundation, a member of the International Fiscal Association and the governing council of the Canadian branch, and an International Research Fellow at the Oxford University Centre for Business Taxation. Prior to his academic career, he was a tax associate at the Toronto office of Stikeman Elliott LLP.

Geoffrey Loomer

Geoffrey Loomer is an associate professor at the Schulich School of Law at Dalhousie University, where he has taught courses in tax law since 2009. He completed his BSc in Economics at the University of Victoria, his LLB at the University of British Columbia, and his BCL and DPhil at the University of Oxford, focusing on international tax law and policy. Professor Loomer was an Oxford Clarendon Scholar and is an International Research Fellow with the Oxford University Centre for Business Taxation. Prior to his graduate studies, he practised in the tax group of McCarthy Tétrault LLP from 2001 to 2006. He was honoured to receive the Dalhousie Law Students' Society & Alumni Association Award for Excellence in Teaching in 2013. His research and publications involve various corporate and international tax issues.